MONTANA ECONOMIC REVITALIZATION AND DEVELOPMENT INSTITUTE INC Charity Report

Tax-exempt status may be revoked

MONTANA ECONOMIC REVITALIZATION AND DEVELOPMENT INSTITUTE INC

EIN 81-0349571 · Science & Technology (U)

What they do

CONDUCT ENERGY RESEARCH & COMMERCIALIZATION for TECHNOLOGY TRANSFER & SUPPORT ECONOMIC DEVELOPMENT. SIGNIFICANT ACTIVITIES INCLUDE REHABILITATION of THE THORNTON BUILDING for BUSINESS USE & to HOUSE A SUPER-COMPUTER; AWARDING SCHOLARSHIP FUNDS to MONTANA EDUCATIONAL INSTITUTIONS to SUPPORT ENERGY RESEARCH & ENGINEERING.

Before you give

Should I give to this charity?

Easy charity check

Stop and check first

This record may have an IRS status problem. Do not give until you verify it.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkThere may be a problem with its nonprofit status. Check before giving.

Money report from 2020The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders6 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

103.46%of revenue went to mission work86.5% of expenses · Program services

$119.68spent for every $100 of revenueSpending was higher than revenue this year.

16.21%of revenue went to management and office costs13.5% of expenses

$3.41in assets for every $1 spent this yearSome assets cannot be spent right away.

12.5%of its money came from giftsOther money may come from services or investments.

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Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $103,101 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $43,762 for GARY ROWE (PRESIDENT). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2020

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$523,914

Mission workProgram services$542,063103.46% of revenue86.5% of expenses

ManagementOffice and general costs$84,95216.21% of revenue13.5% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Total expenses$627,015119.68% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2020CurrentExpense mix: 86.5% mission · 13.5% management · 0.0% fundraisingTotal expenses: 119.68% of revenue

2019Expense mix: 88.9% mission · 11.1% management · 0.0% fundraisingTotal expenses: 98.57% of revenue

2018Expense mix: 91.0% mission · 9.0% management · 0.0% fundraisingTotal expenses: 112.57% of revenue

2017Expense mix: 80.5% mission · 19.5% management · 0.0% fundraisingTotal expenses: 155.86% of revenue

2016Expense mix: 87.4% mission · 12.6% management · 0.0% fundraisingTotal expenses: 122.40% of revenue

2015Expense mix: 88.3% mission · 11.7% management · 0.0% fundraisingTotal expenses: 120.96% of revenue

Money in and money out

Revenue$523,914

Expenses$627,015

Annual shortfall $103,101 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$542,063 · 86.5% of expenses

Management and office costs$84,952 · 13.5% of expenses

See all reported dollar amounts

Revenue$523,914

Expenses$627,015

Assets$2,139,862

Contributions$65,711

Mission work (program services)$542,063

Management and general$84,952

People

Leadership and board

Tax year 2020

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

GARY ROWEPRESIDENT · 40 hrs/week $43,762Base $28,119 · Other $15,643

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (6)

GARY ROWEPRESIDENT

DON PEOPLESDIRECTOR

JAMES KAMBICHDIRECTOR

JIM MCGREEDIRECTOR

JOHN COTEDIRECTOR

WILLIAM KEBECHAIRMAN OF BOARD

About this charity

Recognized since: April 1976
Location: 65 E BROADWAY, BUTTE, MT 59701
County: Silver Bow
In care of: GARY ROWE
Primary officer: GARY ROWE, PRESIDENT

How to reach them

WebsiteVisit the charity’s website Emailsupport@merdi.org Phone(406) 533-6884

Filing and classification

Latest tax year: 2020
Tax period began: October 1, 2020
Return type: 990
Tax preparer: ANDERSON ZURMUEHLEN & CO PC
NTEE classification: Science & Technology (U)
IRS tax category: Science & Technology
Revocation date: February 15, 2025